This review is an affiliate post. It’s also a very positive review, which in the world of affiliate posts often means the review is completely full of shit, but I…
This review is an affiliate post. It’s also a very positive review, which in the world of affiliate posts often means the review is completely full of shit, but I have to say: I’m honestly a big fan of Sportmarket Pro. It’s a great tool that any serious, higher turnover bettor needs to consider.
What is Sportmarket Pro?
At its core, Sportmarket Pro is a betting aggregator that lets you place bets at the highest odds available across multiple bookmakers and exchanges. For easy record keeping, it averages out the odds received and reports them as a single bet.
The bookmakers and exchanges available are also ones you wouldn’t generally have access to and have a lower bookmaker takeout. At the moment the sites available to Australians are:
(The Sportmarket Pro website says that Ga288 is available, but I’m yet to see them come up with odds available for an event).
The focus here is on the biggest – and highest liquidity – markets in the largest international sports. If you want to bet head to head, handicaps or totals on sports like football, tennis and basketball, then you’ll be happy with the offering. If you want to use it to get the best odds on Australian specific sporting leagues, like the AFL or NRL, then sorry – they’re not available. The full list of current sports offered is: football, tennis, basketball, American football, baseball, ice hockey, cricket, rugby union, boxing and MMA.
As an example of what is achievable, on the image below, you can see that I have placed a 200 euro bet on the draw on Italian football. Sportmarket Pro will automatically take the best prices on offer, which means spreading the bet across Matchbook (11 euros at 3.494), Betdaq (11 euro at 3.47) with the remaining 178 euro placed at Matchbook at odds of 3.435. It will then report the average odds received as if it were just a single 200 euro bet. This saves me a heap of effort shopping around for prices and placing those 3 bets myself.
In the above example, I didn’t actually place the bet, but my quick calculation says the average odds received would have been around 3.44. It’s worth pointing out that in my experience when you are taking bets from Matchbook you often get fractionally higher odds than those shown. It may be only a per cent increase but every percentage point counts. I guess there are offers being made in the background that are too quick for the system to pick up, but they get met when the offer is actually placed. This isn’t so much an advantage of Sportmarket Pro, as much as an advantage of Matchbook. If you are living in Australia, then Sportmarket Pro may be one of few ways to get access to these Matchbook markets.
Also note that in the above example, a clear maximum bet (just a cool 5,561.09 euros…) is available at the odds I have chosen. Though I don’t plan on needing to place a 5.6k euro bet anytime soon, depending on both your bankroll and the market you are betting into this calculation could be useful.
Sportmarket Advanced Features
Beyond the core betting aggregator functionality, Sportmarket Pro offers some more advanced features for those who need them.
Compare different lines at the one time and place multiple bets across them
With the below NBA example, we could easily just take the over 226 at IBC for 1.92. It’s the best price for that line, beating Pinnacle and Matchbook, so it’s probably not a bad line. But compared to the best prices for over 225.5 and over 226.5, there are 2 smaller maximum bets available from ISN which I believe provide better longer-term value. Two very general points to come up with this logic: firstly, a 0.5 point difference in NBA totals is “worth” around 0.05 odds difference, and secondly, the ISN prices are 0.04 points better than the Pinnacle lines whereas the IBC price is only 0.01 point better than the Pinnacle line. Sportmarket Pro lets you place all of the max bets for both ISN lines at once, whereas in my experience if you place them individually, placing one can automatically lower the price on the second line.
Wait for better prices
With the below tennis example, I have input a price higher than what’s currently available. Sportmarket Pro will note this and put the bet up as an offer on Betdaq for anyone to take. I have chosen for it to be up for 10 minutes (you can choose between 5 seconds and 2 hours), but I can manually cancel it before the 10 minutes are up if I want to. Even if the offer is not accepted on Betdaq, if one of the other bookmakers’ price changes to be equal to or greater than your price, the Betdaq offer will be cancelled and your bet will be accepted by the bookmaker at the higher price.
Unfortunately, if you’re Australian it will only place the bets on Betdaq, which in my experience doesn’t have bets accepted too often (either that or I’m asking too high a price). In some jurisdictions, this feature will allow betting on Betfair, where I suspect you will be met with more liquidity. I’m not really sure why they don’t offer the bets on Matchbook, which would seem like a better option for most sports.
If you don’t want to have your bets offered to Betdaq, you can actually disable this feature in your settings and still choose how long you want to keep your bets attempting to fulfil. In this instance, Sportmartket Pro would just continually check the odds on offer at all the bookies and will only take your bet if they offer the correct odds.
Reports to break down your betting
I mostly use the basic Order History to see the bets I have recently placed, with their stakes, odds and outcomes, to make sure my own spreadsheet is up to date. Sportmarket Pro also offers some more advanced reporting features for breaking down your betting and where your profit or loss is coming from.
For example, with a couple of clicks, you can get a breakdown of each market type with your turnover and profit/loss. I don’t really use this for much other than curiosity – I use my own betting spreadsheet for analytics – but it could be useful to some and more so shows how they’re different from a traditional bookmaker who would never make such a detailed and customisable view of your past bets visible to you.
Astute blog readers may have noticed that the core functionality offered by Sportmarket Pro is very similar to the Asianodds service reviewed previously as part of an AsianConnect88 review. I am not trying to come up with a detailed comparison of the two, but I will list why in my experience, Sportmarket Pro is the better service to use. Firstly, the site design of Sportmarket Pro is much more useable – especially on the mobile. It sounds like a small thing, but I honestly found Asian Odds painful to use, and it’s the first thing you notice when you compare the two. The user interface of both Asianodds’ desktop and mobile platform is slow. This becomes extremely frustrating when following price sensitive tips. There is nothing worse than seeing odds crashing while continually refreshing the page attempting to place a bet.
Secondly, and what is possibly a bigger deal breaker: Asianodds only offers Football and Basketball markets. Though Sportmarket Pro doesn’t offer markets on every sport, its coverage is much better than Asianodds. Asianodds also doesn’t offer the advanced features mentioned above which can increase your betting edge. One positive for Asianconnect88 is they do offer private bookmakers accounts. Having a Pinnacle account not limited by sport is still quite valuable. Sportmarket does not provide this service to Australians.
Disadvantages of Sportmaket Pro
I do have lots of good things to say about SportMarket Pro, but ultimately it too has its limitations and issues.
You won’t get the best odds every time on Sportmarket Pro
I often find myself comparing Sportmarket Pro odds with the few soft Australian books who will take a bet from me. A decent amount of the time the soft book wins. Sportmarket Pro will help you get the best price from the bookies they support, and those they support generally have sharp prices. If you’re still well supported by Australian bookmakers, then you might get better odds with less hassle with them.
More sports would be nice
As alluded to before, I would love to see more sports offered. Yes, the sports that are covered are the largest international sports, but they are also some of the hardest sports to make money betting on. The advantage that a tool like Sportmarket Pro gives you is somewhat diminished by only being able to use it to bet on these markets.
Euros just suck
Finally, as an Aussie, betting in Euros is a bit of a hassle. I use a Transferwise borderless account to transfer in/out to keep costs down and prevent too much money sitting on the site, but it still makes everything a bit harder. Personally, I have an AUD bet tracking spreadsheet and a Euro one and have to update them both, adding a bit more time on admin (if anyone has a multi-currency sheet setup or another good way to handle this, I would love to know more). I try not to pay too much attention to currency movements but do like to think of having a good chunk of my bankroll as euros as a bit of a hedge – if the AUD goes down, sure, I lose some value in my euros, but my next overseas trip just got cheaper.
KYC, Deposits & Withdrawals
After first signing up to Sportmaket Pro you’ll be asked to complete their Know Your Customer (KYC) process. I found this relatively painless, with them requesting a passport or other “valid identity card” and a bill or bank statement which includes your address on it. I actually forget to attach one of my documents with my first email, but their prompt response (within 10 minutes) meant the whole thing was done and dusted within 20 minutes.
To get your money in and out, Sportmarket Pro supports ecoPayz, Bitcoin, Skrill, Neteller and bank transfers for both deposits and withdrawals. All of those except bank transfer will be charged a 1% fee (or minimum 10 euro) in each direction, i.e. deposit 500 euros and pay 10 euros in fees, withdraw 2000 euros and pay another 20 euros in fees.
Personally, the first time I deposited was using an international bank transfer from my regular Commonwealth Bank account. For this, Commbank not only completely locked all of my accounts until I called them and effectively had to justify why I was sending money overseas, but then proceeded to charge me an exorbitant amount of fees for the service. After that experience, I found out about Transferwise and have since been depositing and withdrawing via a Transferwise borderless account with no such issues. This saves transaction costs and I’ve found it quick and easy – transactions either way have been processed within 24 hours with no issues. I do know that the Transferwise official position is not to support gambling transfers and I’ll have to consider other options if they refuse a deposit one of these days.
I can’t vouch for how easily Sportmarket Pro works with the other deposit or withdrawal options, but suggest that Skrill and Neteller are well used enough in the gambling world to be reasonable options.
Overall conclusion on Sportmarket
At the moment I use Sportmarket Pro almost every day to place medium-sized bets on the NBA and Tennis and am very happy with it. Ultimately, to make money betting on sports you need to get the best prices available to you, and Sportmarket Pro offers you an easy way to get better prices from bookmakers who would otherwise not be accessible to me.
I would love to use it come AFL and NRL season or for some of the other sports I follow, but unfortunately, it is limited in which markets it supports.
If you’re at a point in your betting where you still find it easy to get bets on Australian bookmaker sites, then Sportmarket Pro will have less appeal to you. Having to use euros and move them to an international company not bound by Australian regulations might not seem too appealing if you’re able to get your bets on at good prices locally.
If, however, you do have issues getting your bets accepted or you are willing to deal with some extra hassle to get the best prices possible, then I would definitely recommend you give Sportmarket Pro a shot.
A word from Luke: The Sportmarket links are affiliate links. I make hardly any money from affiliate links and only include honest opinions in an attempt to help the gambling community. If you are signing up to Sportmarket, it would be very much appreciated if you used the links above. It won’t cost you anything but gives me something small back. Big thanks to Sebass for writing this post. I personally plan to use Sportmarket for NBA next season as Asianodds was shocking to use.